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Development and World Bank Indicator from 1990 to 2017, and the Johansen Fisher Panel Cointegration and Pairwise Dumitrescu Hurlin … Panel Causality Tests were utilised to address the objective of the study. Consequently, the empirical results show that FDI …, GDP per capita, growth rate and economic growth have a long run equilibrium relationship. Also, there is an existence of …
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countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI …
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